The new, luxury shopping haven is tucked away inside a grand apartment, which features an expansive rooftop terrace, exclusive Ralph Lauren pieces such as the $50,000 Automotive Skeleton watch and crocodile Ricky bags, and even an in-house chef.

300 VIP clients were invited to experience the Palazzo Ralph Lauren for the first time on Saturday, the lucky customers were also able to place orders on Lauren's recent New York Fashion Week collection show for Spring/Summer 16.

According to reports, Ralph Lauren will open further members-only clubs around the world in various key fashion capitals. Stay tuned for more news on Buro 24/7 Middle East.